Yearly Archives: 2017

Wishing all of you a Merry Christmas

22 December, 2017

Matthew Boyle

As there is little data out and the markets remain relatively flat, we here at Currency Index would like to take this opportunity to thank you all for your business and your support this year. January and the New Year will certainly see things move again, so if you want to take the risk out […]

Brexit Update

21 December, 2017

Nakhil Mahra

Another muted day in the markets yesterday, where there were no major currency movements to report as, is the norm this time of year. However we did see Euro gain half a cent on both GBP and USD. To put into perspective a 100,000 Euro property is now costing you £500 then it did on […]

GBP EUR rate remains relatively static

20 December, 2017

Paul Newfield

Yesterday The GBP EUR rate remains relatively static after a half-cent drop first thing yesterday morning. There was little to report on during the days trading, with only US house building figures from the US of note, coming in above expectation. With no further news on Brexit and little in the way of data from […]

Exchange rates remain stable as Christmas draws in

19 December, 2017

Grace Rae

With Christmas now only around the corner the markets have started to free itself from the usual economic data releases which historically drive and move the currency markets and as is often the case, things have begun to quieten down and as a result we have seen the currency linger in its current position for […]

Little Economic data releases ahead of Christmas

18 December, 2017

Matthew Boyle

Last week was relatively flat in the market for rates, as we start to draw closer to the end of the year and amidst little data of major note. This week is no different, so expect rates to remain relatively flat unless of course Brexit negotiations hit the news again. We have no major release […]

Christmas Opening Hours

15 December, 2017

We will be open as follows over the festive period: Monday 17th – Thursday 21st December: as normal (9am-5.30pm) Friday 22nd December: 9am-12.30pm Saturday 23rd – Tuesday 26th December: CLOSED Wednesday 27th – Friday 29th December: 9.30am-12.30pm Saturday 30th December – Monday 1st January: CLOSED Tuesday 2nd January onwards: as normal (9am-5.30pm) May we take […]

Last round of key currency announcements for 2017

15 December, 2017

Rob Bastin

Thursday’s trading was packed full of key currency announcements, that would all but round up the main market moving events for the rest of the year, particularly for Sterling. UK Retail Sales After more disappointing figures in October, the markets were optimistic of a return to slightly better figures in November with the boost of […]

Markets Await Fed Interest Rate Decision

14 December, 2017

Simon Eastman

Yesterday markets were waiting for the Fed interest rate decision due at 7 pm UK time, where Janet Yellen was to give her final speech as Chair of the FOMC. It was also widely expected that we would see an interest rate rise as markets had for some time expected December to be the next […]

Economic data releases – UK Inflation at near 6 year high

13 December, 2017

Matthew Boyle

The big news in economic data releases yesterday was that UK inflation in November rose to 3.1% –  the highest this has been in nearly 6 years, with the ONS suggesting it was airfares and computer games that contributed to the rise. With recent data showing the UK weekly wage is growing at a rate […]

Average house prices for England and Wales, positive for 2018

12 December, 2017

Matthew Crisp

Monday from the UK started and pretty must finished off with the Rightmove Property Price Index which provides a sample of residential property prices in the UK. It recorded a -2.6% drop in December, down further from November’s sub-par reading of -0.8%. Could this be a sign of the immediate impact of the bank of […]